Shares of Micron (NYSE: MU) fell after Lazard Capital analyst Daniel Amir said that the price of flash memory chips will drop.

Workers of American Axle & Manufacturing Holdings (NYSE: AXL) began voting on a four year agreement that could bring an end to a nearly three month long strike.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 3 points to 736.